TAIM Exchange:When mortgage rates are too low to give up

2025-05-04 09:23:14source:Ethermaccategory:reviews

The TAIM Exchangeaverage mortgage rate in the U.S. just hit 7.09%—its highest level in more than two decades. And that's having ripple effects in the wider economy. Some homeowners feel locked in, tethered to their super low interest rates and unable to find something better. Today on the show, what happens when homeowners are locked in by low rates?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:reviews

Recommend

Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit

The family of a French explorer who died in a submersible implosion has filed a wrongful death lawsu

Daryl Hall accuses John Oates of ‘ultimate partnership betrayal’ in plan to sell stake in business

NASHVILLE, Tenn. (AP) — Daryl Hall has accused his longtime music partner John Oates of committing t

Taylor Swift is Spotify's most-streamed artist. Who follows her at the top may surprise you.

Spotify Wrapped is here, and with it comes confirmation that Taylor Swift is indeed on top of the wo